Goodluck India (BOM:530655) Days Sales Outstanding : 38.53 (As of Dec. 2023)

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What is Goodluck India Days Sales Outstanding?

Goodluck India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,671 Mil. Goodluck India's Revenue for the three months ended in Dec. 2023 was ₹8,695 Mil. Hence, Goodluck India's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.53.

The historical rank and industry rank for Goodluck India's Days Sales Outstanding or its related term are showing as below:

BOM:530655' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31 Med: 54.4 Max: 69.44
Current: 36.52

During the past 13 years, Goodluck India's highest Days Sales Outstanding was 69.44. The lowest was 31.00. And the median was 54.40.

BOM:530655's Days Sales Outstanding is ranked better than
64.43% of 596 companies
in the Steel industry
Industry Median: 49.815 vs BOM:530655: 36.52

Goodluck India's Days Sales Outstanding declined from Dec. 2022 (44.77) to Dec. 2023 (38.53).

Goodluck India Days Sales Outstanding Historical Data

The historical data trend for Goodluck India's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goodluck India Days Sales Outstanding Chart

Goodluck India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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48.67

51.72

50.98

31.00

31.46

Goodluck India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															44.77	35.37	31.91	38.25	38.53

Competitive Comparison of Goodluck India's Days Sales Outstanding

For the Steel subindustry, Goodluck India's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Goodluck India's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Goodluck India's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Goodluck India's Days Sales Outstanding falls into.

Goodluck India Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Goodluck India's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2296.521	+	2958.441)	/	2 )	/	30479.806	*	365
=	2627.481					/	30479.806	*	365
=	31.46

Goodluck India's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3670.921	+	0)	/	1 )	/	8694.571	*	365 / 4
=	3670.921					/	8694.571	*	365 / 4
=	38.53

Goodluck India (BOM:530655) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Goodluck India Days Sales Outstanding Related Terms

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Goodluck India (BOM:530655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Goodluck India Ltd (BOM:530655) » Definitions » Days Sales Outstanding

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GOODLUCK:India

Address

Ambedkar Road, Goodluck House, II - F, 166-167, Nehru Nagar, Ghaziabad, UP, IND, 201001

Website

https://www.goodluckindia.com

Goodluck India Ltd is engaged in the manufacturing and sale of iron and steel products. It manufactures and sells engineering products such as heavy engineered structures, transmission and distribution towers, CDW Tubes, Precision Tubes, Pipes, Sheets and Forged engineering products. The group has a business presence in India and Outside India, of which key revenue is derived from India.

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